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  • DESCRIPTION

    32 UNITS BUILT IN 2018... 5 BLOCKS from the OTTAWA RIVER in WENDOVER! IMMEDIATE CASH FLOW - units can be fully-rented upon closing. (24 - 3bedrm 1.5 bath townhouses and 8 - 1bedrm, 1 bath apartments) in a complex sitting on 1.1 acres of Land. PROJECTED GROSS INCOME: $465, 504. Separated into 6 buildings, This high-end new construction averages 1500 sq ft for the 24 units ($1275/mo + gas heat + hydro) and 800 sq ft ($799 + gas heat + hydro) for the 8 units. Separate gas and hydro meters for each unit. Stone and vinyl siding with a design that makes it feel like a home and not an apartment building. Situated in a waterfront town of Wendover, nice place only 1hr from Montreal and 35 min to Ottawa. Average household income is $97,639 and only 84% of the houses are single family residential. BIG NEED FOR GOOD RENTAL UNITS. Easy to rent... GET IN ON THE GROUND FLOOR AT THIS UNBEATABLE PRICE FOR NEW MULTI-RES. (id:7533)

    KEY DETAILS
    • Price:
    • $6,499,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • n/a
    • Acreage:
    • n/a
    • Year Built:
    • 2018
    • Listing #:
    • 1137693
    • Street Address:
    • 500 Ovana Cres
    • City:
    • Wendover
    • State:
    • ON
    • Postal Code:
    • K0A3K0
    • Subdivision:
    • Wendover
    • Listing Status:
    • For Sale - Active

    Building

    • Number Of Units:
    • 32
    • Stories:
    • 3
    • Year Built:
    • 2018

    Source

    • Provided By:
    • Listing Office: RE/MAX Hallmark Realty Group

      OTTAWA
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    NOTES

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